GALVAN RANCH

Operated by SM ENERGY COMPANY (P-5 788997) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263675District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.0 M
Oct 2011 – May 2026
Value, last 12 filed months
$542 k
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition33,716 bbl$2,766,698
GasProduction3,466,387 Mcf$11,190,375
Total$13,957,072

Every month this lease reported (176)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

176 months

May 202600106.413.05$0
Apr 2026412,47698.932.87$36,198
Mar 20261713,41489.753.15$43,772
Feb 20263211,83663.503.75$46,421
Jan 20263912,97559.138.00$106,079
Dec 20253513,64156.664.41$62,186
Nov 20253413,18158.593.93$53,746
Oct 20253714,43659.383.30$49,906
Sep 20252914,26262.743.08$45,702
Aug 20253015,70363.933.01$49,259
Jul 202511612,34766.743.32$48,675
Jun 202532666.483.13$281
May 2025457,11060.553.23$25,707
Apr 2025569,16062.363.54$35,947
Mar 20255310,27967.704.27$47,462
Feb 2025499,96470.884.34$46,725
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202406078.812.20$132
Apr 202401,06084.451.66$1,759
Mar 202401,90980.301.55$2,950
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20223091.054.86$273
Jan 20224969281.844.54$7,150
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202103670.783.98$143
Jun 2021015669.493.38$527
May 202133,27563.483.02$10,073
Apr 2021306,82460.362.76$20,634
Mar 202110112,17061.302.72$39,256
Feb 20216711,55557.805.55$67,979
Jan 20213311,41650.412.81$33,746
Dec 20203413,78744.642.68$38,404
Nov 20201813,53738.772.71$37,337
Oct 20203013,10636.972.48$33,591
Sep 20203712,42037.091.99$26,101
Aug 20205912,87739.982.39$33,072
Jul 20206712,20038.371.83$24,837
Jun 20208213,08534.901.69$24,980
May 20205013,10616.921.81$24,630
Apr 20207111,23014.751.80$21,310
Mar 20207314,91130.341.86$29,893
Feb 20209213,25549.881.98$30,843
Jan 202015411,73257.252.09$33,392
Dec 20198117,52659.012.30$45,166
Nov 20199011,53755.302.75$36,712
Oct 201911510,20453.472.42$30,828
Sep 20193969,53455.052.66$47,134
Aug 2019649,15553.112.30$24,495
Jul 20195510,00656.272.46$27,710
Jun 2019469,78952.782.49$26,814
May 2019419,06558.482.74$27,239
Apr 2019589,90962.632.75$30,889
Mar 2019859,95956.803.06$35,323
Feb 20199111,02350.852.79$35,406
Jan 20191119,52446.033.23$35,855
Dec 201811911,55246.594.19$53,894
Nov 201810111,36552.934.24$53,502
Oct 201810012,03861.443.40$47,050
Sep 20189512,12159.543.11$43,328
Aug 201810712,47159.403.07$44,599
Jul 201812812,25265.142.93$44,259
Jun 201818713,34960.183.08$52,327
May 20189012,67365.382.90$42,646
Apr 20185063.842.90$319
Mar 2018642,98961.222.79$12,248
Feb 201812512,26961.782.77$41,660
Jan 201815613,26862.874.01$63,003
Dec 201715113,99857.272.92$49,543
Nov 201713914,01855.423.12$51,417
Oct 201712314,26649.292.98$48,628
Sep 201711113,35947.523.09$46,518
Aug 201710614,70545.373.00$48,989
Jul 201713115,00543.873.09$52,072
Jun 201710014,87842.493.09$50,182
May 201711815,45445.373.26$55,786
Apr 201713015,33847.933.21$55,490
Mar 201713816,04446.772.98$54,324
Feb 201712914,94450.452.95$50,632
Jan 201714416,92849.413.42$64,988
Dec 201616216,91148.763.72$70,856
Nov 201611916,81242.492.64$49,513
Oct 201612817,49946.193.09$59,989
Sep 201612218,18341.553.10$61,448
Aug 201614318,33041.442.92$59,529
Jul 201615919,03941.622.92$62,294
Jun 201614320,20245.352.69$60,744
May 201614512,45742.521.99$30,968
Apr 201624618,35536.561.99$45,539
Mar 201620019,56033.011.79$41,693
Feb 201619518,69826.472.06$43,747
Jan 201614320,35827.352.36$52,045
Dec 201511020,97632.362.00$45,541
Nov 201513620,94938.792.17$50,679
Oct 201516822,38443.552.43$61,633
Sep 201520022,10842.992.76$69,581
Aug 201521022,02540.162.87$71,700
Jul 201510121,14848.152.95$67,146
Jun 20157019,71956.152.88$60,778
May 201515718,65055.212.96$63,787
Apr 201521019,27949.822.71$62,642
Mar 201523020,43542.892.93$69,836
Feb 201521118,56544.662.98$64,676
Jan 201531021,49543.433.10$80,111
Dec 201434322,94154.693.59$101,148
Nov 201432019,33370.464.25$104,748
Oct 201439724,64278.303.90$127,213
Sep 20144219,22786.164.05$73,601
Aug 201435089.394.04$3,129
Jul 201429720,14796.564.18$112,885
Jun 201449525,45398.164.74$169,157
May 201463840,50094.734.73$251,863
Apr 201458641,75095.944.81$257,002
Mar 201447844,25795.895.06$269,634
Feb 201441741,32497.406.19$296,494
Jan 201436546,44390.404.86$258,742
Dec 201334148,17591.824.35$241,088
Nov 201335346,52688.853.74$205,291
Oct 201340250,91297.423.78$231,578
Sep 201348348,392104.113.72$230,194
Aug 201365754,903104.253.52$261,894
Jul 201353752,522102.523.72$250,316
Jun 201310157,47394.403.93$235,599
May 201334771,63094.834.15$330,105
Apr 20132093.964.28$188
Mar 20133327,49293.623.91$110,662
Feb 201314652,64191.233.42$193,347
Jan 201317035,57491.603.42$137,232
Dec 201226148,09086.773.42$187,122
Nov 201268060,20286.953.62$277,356
Oct 201254943,10789.383.40$195,620
Sep 201221158,76994.672.92$191,487
Aug 201254470,49992.662.91$255,429
Jul 201225946,13185.133.02$161,401
Jun 201216934,86079.822.52$101,303
May 2012559102,90991.612.49$307,281
Apr 20121,100105,958101.652.00$323,392
Mar 20121,982120,103105.052.22$475,088
Feb 20121,02681,775101.102.57$313,910
Jan 20123,200119,63398.092.73$640,974
Dec 20113,198186,70496.873.24$914,663
Nov 20111,934168,28995.723.31$742,374
Oct 2011065,24084.983.65$238,031

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             4 bbl  × $ 98.93 =       $396
Gas               12,476 Mcf  × $  2.87 =    $35,803

────────────────────────────────────────────────────
Month total                                  $36,198

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/263675 is the state's own key, not one this site invented.